Nano Price Down 3.6% This Week (XNO)

Nano (XNO) traded 1.6% lower against the dollar during the 1 day period ending at 8:00 AM E.T. on January 20th. Nano has a total market cap of $94.17 million and approximately $1.45 million worth of Nano was traded on exchanges in the last day. In the last week, Nano has traded 3.6% lower against the dollar. One Nano coin can now be purchased for $0.71 or 0.00000776 BTC on popular cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• Arweave (AR) traded 0.9% lower against the dollar and now trades at $3.70 or 0.00004065 BTC.
• Bitcoin (BTC) traded down 2.2% against the dollar and now trades at $91,091.54 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.5% lower against the dollar and now trades at $0.13 or 0.00000138 BTC.
• Bitcoin Cash (BCH) traded 2.6% lower against the dollar and now trades at $574.08 or 0.00630222 BTC.
• Monero (XMR) traded 10.6% lower against the dollar and now trades at $566.05 or 0.00621405 BTC.
• UNUS SED LEO (LEO) traded 3.6% lower against the dollar and now trades at $8.71 or 0.00009560 BTC.
• Zcash (ZEC) traded 1.4% lower against the dollar and now trades at $366.57 or 0.00402415 BTC.
• Litecoin (LTC) traded 1.1% lower against the dollar and now trades at $69.40 or 0.00076184 BTC.
• Ethereum Classic (ETC) traded 1.3% lower against the dollar and now trades at $11.79 or 0.00012945 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Nano Coin Profile

Nano (XNO) is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. Its genesis date was October 1st, 2015. Nano’s total supply is 133,248,297 coins. Nano’s official website is nano.org/en. Nano’s official Twitter account is @nano and its Facebook page is accessible here. Nano’s official message board is blog.nano.org. The Reddit community for Nano is https://reddit.com/r/nanocurrency and the currency’s Github account can be viewed here.

According to CryptoCompare, “Nano (XNO), previously RaiBlocks, is a decentralized digital currency that addresses inefficiencies in existing cryptocurrencies. It uses a unique block-lattice architecture, enabling immediate transaction processing and scalability. The Nano network offers instant, fee-less transactions with unlimited scalability through an efficient consensus mechanism called Open Representative Voting (ORV). Nano is used for peer-to-peer transactions and is popular in microtransactions due to its instant and fee-less attributes. It was created by Colin LeMahieu in 2015 to address issues of scalability and fees in existing cryptocurrency designs.”

Nano Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Nano directly using U.S. dollars. Investors seeking to acquire Nano should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Nano using one of the exchanges listed above.

XNO/USD price chart by TradingView